How the Emerging-Markets Contagion Loop May Play
A pile of 100 denomination Turkish lira banknotes sit in this arranged photograph in Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)

How the Emerging-Markets Contagion Loop May Play

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(Bloomberg Opinion) -- Slowing global trade is evidence of how emerging-market stresses are being transmitted to advanced economies. The real concern of contagion remains financial linkages, though.
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